AlphaCentric Advisors LLC Raises Position in iShares Mortgage Real Estate ETF (BATS:REM)

AlphaCentric Advisors LLC increased its position in iShares Mortgage Real Estate ETF (BATS:REM) by 5.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,926 shares of the company’s stock after acquiring an additional 745 shares during the period. AlphaCentric Advisors LLC’s holdings in iShares Mortgage Real Estate ETF were worth $354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its stake in iShares Mortgage Real Estate ETF by 25.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 16,100 shares of the company’s stock worth $382,000 after acquiring an additional 3,300 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares Mortgage Real Estate ETF by 23.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 44,816 shares of the company’s stock valued at $1,042,000 after acquiring an additional 8,552 shares during the period. Avantax Advisory Services Inc. acquired a new stake in shares of iShares Mortgage Real Estate ETF during the 1st quarter valued at about $264,000. Private Advisor Group LLC grew its position in shares of iShares Mortgage Real Estate ETF by 144.8% during the 3rd quarter. Private Advisor Group LLC now owns 48,869 shares of the company’s stock valued at $1,160,000 after acquiring an additional 28,905 shares during the period. Finally, Park Avenue Securities LLC boosted its holdings in iShares Mortgage Real Estate ETF by 4.5% in the 2nd quarter. Park Avenue Securities LLC now owns 27,167 shares of the company’s stock worth $602,000 after buying an additional 1,163 shares during the last quarter.

iShares Mortgage Real Estate ETF Trading Up 0.3 %

REM stock opened at $22.37 on Tuesday. The firm has a market cap of $601.75 million, a PE ratio of 6.41 and a beta of 1.30. The business has a 50-day moving average price of $23.45 and a 200-day moving average price of $22.98.

About iShares Mortgage Real Estate ETF

The iShares Mortgage Real Estate Capped ETF (REM) is an exchange-traded fund that is based on the FTSE Nareit All Mortgage Capped index, a market-cap-weighted index of residential and commercial mortgage REITs. REM was launched on May 1, 2007 and is managed by BlackRock.